In the Context of the BCG Matrix, Which of the Following

question 114

Multiple Choice

In the context of the BCG matrix, which of the following businesses would be classified as a dog?

• A) Ultimo Phone, a smartphone manufacturer that is the market leader in a rapidly growing industry
• B) Brain Cash, a finance company that is struggling for market share in a fast-growing industry
• C) Cleep Sweep, a detergent company that has been earning steady profits in a slow-growing industry
• D) Bigs Steel, a metal manufacturer that has negligible market share in a slow-growing industry

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Definitions:

Compensating Differential

The additional amount of income that a worker requires to accept a job that is less desirable in some way compared to a job with no undesirable attributes.

Long-term Health Problems

Chronic medical conditions that persist for an extended period, often requiring ongoing management and treatment.

National Average

A statistical measure that represents the central or typical value in a set of data for a country.

Compensation

Payment or benefits provided to an employee or an individual as a recompense for their work or for damage/injury.